"We had a great set of meetings, particularly catching up with Sean Bratches (MD of commercial operations) and the Formula 1 team, as well as a series of promoters.
"As always it will come down to the economics, but we also had positive meetings with the Singapore Tourism Board.
"We're working towards opportunities for 2019. Time will tell, but there's a lot of desire to make it work.
"I've got no doubt that joining established events is absolutely the right model for us to pursue."
A 16-race calendar is likely with Bend Motorsport Park in South Australia tipped for an August date while the parties continue to work on an extension with ATEED [Auckland Council's events arm] about continuing at Pukekohe Park Raceway beyond this November.